BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BTCUSDT running in negative trend and its immediate strong resistance are 60265 to 61070 level . Stop loss is 61750 level and it can fall towards 58000 level .Intraday purpose selling is better for targets 60500,60400 and 60300 levels respectively with stop loss 61750 level.
QUICK FUNDAMENTAL LOOK
According to a crypto analyst, Bitcoin (BTC) may be heading towards a capitulation due to tightening on-chain liquidity. However, this capitulation could be followed by a “full bull” market.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .